New regs for Thursday: Finance, air, trucks
Thursday’s edition of the Federal Register contains new rules for truck drivers, finance regulations for swap dealers and clean air requirements.
Here’s what is happening:
Finance: The Commodity Futures Trading Commission (CFTC) is delaying new rules for swap dealers.
The CFTC proposed new capital requirements for swap dealers last December but is extending the comment period to give the public more time to consider the changes.
The public now has until May 15 to comment.
Air: The Environmental Protection Agency (EPA) is delaying Obama-era clean air requirements.
The EPA issued new rules to prevent the accidental release of chemicals in January, but will delay the effective date as the Trump administration reconsiders the rule.
The rule is now scheduled to go into effect on June 19.
Trucks: The Federal Motor Carrier Safety Administration (FMCSA) will consider allowing eight truck drivers who suffer from seizures to operate commercial motor vehicles between states.
These drivers have been diagnosed with epilepsy for a similar condition, but are taking “anti-seizure medication” to control the problem. If the FMCSA determines they are not a danger on the roads, the agency could exempt them from federal regulations that would otherwise prohibit them from getting behind the wheel.
The public has 30 days to comment.
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